AUDUSD appears to have broken the short term down trend (zoom in to recent 6-months) and is doing a bullish reversal. It is at the resistance at this moment and once it penetrates, still has to beat a very long term trend line on top. Swing trades can take a step at a time.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.